Replies to post #81088 on Amarin Corp Plc (AMRN)

[Mogwai]

Of course. It is a corrupt and immortal system. Which is why income inequality continues to get out of control in this country. JT has done nothing to earn all this money. And it is a slipper slope when you start paying huge amounts to people based on what "may" happen in the future. Furthermore, management is making sure they walk away from AMRN filthy rich REGARDLESS of what happens with REDUCE-IT. This company could go belly up, all shareholders on this board could lose everything they invested, and JT and the boys would walk away multi multi millionaires. But hey, again, we have de facto NCE so who is complaining?!!

[Whalatane]

Invest ..about this statement .


"Former or existing company managers such as HDG & Kiwi apparently have no problem with this milking of the cash cow for all it's worth since they have probably done it themselves. "

Having served on a Board of Directors ( small Corporation ).
In my experience , Boards have the final decision on compensation and incentives for the CEO and often other top Mgt.

So the challenge is always ...what does it take to retain top talent or keep those you want to stay , from leaving.

So again I ask you.
What do you think would happen to the AMRN's PPS if the current top MGT team all quit because they felt they weren't being properly compensated or incentivized ?

Re HD and I " milking " our Co's.
My company was a private company with share holders and a Board of Directors . Our books were audited . The share holders and Board knew what I made . They had to approve my package.
How exactly was I supposed to "milk " the Co. ?
Year end Corporate Tax returns detailed all my income ...known to all those who owned stock .
Kiwi

[dmlcento]

Invest, with these statements about upper management "milking" the system, I have to call BS that you have an MBA. You sound very much like a novice in the business world. I know you're going to tell everyone here that you've been in the business world for years and years, but all I'm going to think is BS.